| Page | |
|---|---|
| Governors’Report | 1 |
| IndependentExaminer’sReport | 6 |
| StatementofFinancialActivities | 7 |
| BalanceSheet | 8 |
| NotestotheAccounts | 9 |
| Thefollowingpagedoesnotformpartofthestatutoryaccounts. |
| Note | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| INCOMEFROM: | |||
| Charitableactivities Maintenancecontributionsfromresidents Investments Other |
5 | 190,329 32,346 2,815 |
186,548 30,020 3,415 |
| Totalincome | 225,490 | 219,983 | |
| EXPENDITUREON: | |||
| Charitableactivities Maintenancecosts Services |
6 | 118,289 109,620 |
56,107 108,375 |
| Totalexpenditure | 227,909 | 164,482 | |
| Totalincomelesstotalexpenditure | (2,418) | 55,501 | |
| Netgainsoninvestments | i1 | 79,588 | 24,602 |
| Netincome | 77,170 | 80,103 | |
| Netmovementinfunds | 77,170 | 80,103 | |
| Reconciliationoffunds: | |||
| Totalfundsbroughtforward(unrestrictedfunds) | 1,015,186 | 935,083 | |
| Totalfundscarriedforward(unrestrictedfunds) | 1,092,356 | 1,015,186 |
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| No, | No, | ||||
| ThenumberofGovernorsatthe | yearendwas: | - |
9 | 10 | |
| Employeeinformation | |||||
| 2025 | 2024 | ||||
| No, | No. | ||||
| Theaverageweeklynumberof | persons | ||||
| employedduringtheyearwas: | - | ||||
| ManagerandCleaner | 2 | 2 | |||
| Staffcosts | |||||
| &£ | zZ | ||||
| Wagesandsalaries Pensioncontributions |
31,783 874 |
31,282 820 |
|||
| 32,657 | 32,102 | ||||
| Noemployeeswerepaidinexcessof£60,000 | perannum. | ||||
| Investmentincomereceivable | 2025 & |
2024 £ |
|||
| Bankdepositinterest Listedinvestments |
3,262 29,084 |
4,199 25,821 |
|||
| 32,346 | 30,020 | ||||
| Charitableactivities | 2025 | ||||
| undertaken | Governance | 2025 | 2024 | ||
| directly | costs | Total | Total | ||
| £ | £ | & | £ | ||
| Maintenance Services |
118,289 105,331 |
- 4,289 |
118,289 109,620 |
56,107 108,375 |
|
| 223,620 | 4,289 | 227,909 | 164,482 |
| Governancecosts | 2025 | 2024 |
|---|---|---|
| £ | & | |
| Independentexaminer'sfee | 3,360 | 3,360 |
| Trustees’expensesandinsurance | 929 | 904 |
| 4,289 | 4,264 | |
| Independentexaminer'sfees(includingVAT) | 2025 | 2024 |
| & | £ | |
| Independentexamination | 3,360 | 3,360 |
| 3,360 | 3,360 |
| Fixedassets | ||||
|---|---|---|---|---|
| Ereehoid | Office | Total | ||
| Housing | Equpment | |||
| £ | & | & | ||
| Cost: | ||||
| Atbeginningofyear | 483,427 | 7,ALI | 490,538 | |
| Additions-WaterMain | 94,459 | - | 94,459 | |
| Atendofyear | 577,886 | 7,111 | 584,997 | |
| Depreciation: | ||||
| Atbeginningofyear | 335,788 | 542 | 336,330 | |
| Chargefortheyear | 11,782 | 1,422 | 13,204 | |
| Atendofyear | 347,570 | 1,964 | 349,534 | |
| Netbookvalue: | ||||
| Atbeginningofyear | 147,639 | 6,569 | 154,208 | |
| Atendofyear | 230,316 | 5,147 | 235,464 |
| il. | Fixedassets-listedinvestmentsatfairvalue | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| & | & | |||
| Investmentsatfairvalue Atbeginningofyear Additions-investmentincome Withdrawal Netinvestmentgain |
679,144 29,084 (175,000) 79,588 |
628,722 25,820 24,602 |
- |
|
| Atendofyear | 612,816 | 679,144 | ||
| Extraordinaryrepairfund:investmentsatfairvalue | ||||
| M&GCharityMultiAssetFund(AccumulationUnits) | ||||
| 5,609.453unitsheldatthebeginningoftheyear1261.048soldDec | ||||
| 6thleaving4348.405unitsatyearend | ||||
| Formerly:TheNationalAssociationofAlmshousesCommonInvestmentFund | 612,816 | 679,144 | ||
| Investmentsatcost Atbeginningofyear Withdrawal Additionsduringtheyear |
485,209 (115,617) 29,084 |
459,389 25,820 |
- |
|
| Atendofyear | 398,676 | 485,209 | ||
| Costatendofyear Extraordinaryrepairfund |
398,676 | 485,209 | ||
| Gainoninvestment Netinvestmentgain |
79,588 | 24,602 | ||
| 12. | Debtors:amountsfallingduewithinoneyear | |||
| 2025 | 2024 | |||
| & | £ | |||
| Prepaymentsandaccruedincome | 15,408 | 6,488 | ||
| 15,408 | 6,488 | |||
| 13. | Creditors:amountsfallingduewithinoneyear | |||
| 2025 | 2024 | |||
| & | z | |||
| Othercreditorsandaccruals | 12,906 12,906 |
3,698 3,698 |
| Unrestrictedfunds | ||||||
|---|---|---|---|---|---|---|
| General | Designated | Total | Total | |||
| funds | funds | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Atbeginningofyear | 93,986 | 921,200 | 1,015,186 | 935,083 | ||
| Netmovementsinfunds | 77,170 | - | 77,170 | 80,103 | ||
| Transfer | 47,294 | (47,294) | - | - | ||
| Atendofyear | 218,450 | 873,906 | 1,092,356 | 1,015,186 | ||
| Designatedfunds | ||||||
| Extraordinary | Social | |||||
| repair | Development | housinggrant | Total | Total | ||
| fund | fund | fund | 2025 | 2024 | ||
| £ | £ | £ | £ | £ | ||
| Atbeginningofyear | 679,144 | 129,489 | 112,567 | 921,200 | 852,479 | |
| Transfer | (66,328) | 19,034 | - | (47,294) | 68,721 | |
| Atendofyear | 612,816 | 148,523 | 112,567 | 873,906 | 921,200 |